On 1 January 2023 Croatia adopted the euro as its currency and fully joined the Schengen area. This marks an important milestone in the history of Croatia, of the euro and Schengen areas and of the EU as a whole. It follows a period of intensive preparation and substantial efforts by Croatia to meet all […]
Eurozone finance ministers agree on fiscal policy guidelines
Macro-economic developments The Eurogroup discussed macro-economic developments and policy challenges in the euro area in the current global context, with input from the International Monetary Fund, which presented the outcome of its interim visit, carried out in the context of its Article IV consultation of the euro area. The IMF Article IV review of the euro area is a regular […]
MEPs focus on inflation and economic divergence with ECB President Lagarde
Inflation and the new anti-fragmentation mechanism soon to be launched by the European Central Bank were the two main topics raised by MEPs with ECB President Lagarde. Attending the first Monetary Dialogue in Parliament’s Economic and Monetary Affairs Committee since the attack by Russia on Ukraine and a significant uptick of inflation across the Eurozone, European Central […]
Europeans show record support for the euro
More than three in four citizens think that the single currency is good for the European Union, according to the latest Eurobarometer results. This is the highest support since surveys began in 2002. According to the results of the latest Eurobarometer survey on the euro area, 76% of respondents think the single currency is good […]